The Keg Royalties Income Fund announces March 2007 cash distribution

March 12th 2007

VANCOUVER, March 12 - The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its March 2007 distribution of $0.0980 cents per unit has been declared and is payable to unitholders of record as at March 21, 2007. The March 2007 distribution will be paid on March 30, 2007.

The Fund is a limited purpose, open-ended trust established under the laws of Ontario. The Fund indirectly owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”) in its Keg Steakhouses & Bars. In exchange for the use of those trademarks, KRL pays the Fund a royalty equal to 4% of the sales of all Keg restaurants in the royalty pool.